123 S Berkley Square, Lower Chelsea, NJ 08401
123 S Berkley Square, Lower Chelsea, NJ 08401
123 S Berkley Square, Lower Chelsea, NJ 08401
123 S Berkley Square, Lower Chelsea, NJ 08401
123 S Berkley Square, Lower Chelsea, NJ 08401
123 S Berkley Square, Lower Chelsea, NJ 08401
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$ 1,200,000
Est. payment | /mo

3 Beds

5.5 Baths

3,590 SqFt


Save
$ 1,200,000
Est. payment | /mo
Save

3 Beds

5.5 Baths

3,590 SqFt

Open House

Sat May 09, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,590 sqft

Price per Sqft $334

MLS Listing ID 607595

Bedrooms 3

Full Baths 5

Half Baths 1

Year Built 1910

Annual Tax Amount $14,237

Tax Year 2025

Lot Size 3,590 Sqft

Property Sub-Type Triplex

Property Description

Welcome to 123 S. Berkley Square — a legal triplex just steps from the beach in Atlantic City's sought-after Lower Chelsea neighborhood, bordering the Ventnor neighborhood. This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside. Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a bright and airy 2-bedroom, 2-bath unit, ready for immediate income optimization. Upstairs, the top-floor unit is a standout 4-bedroom, 2.5-bath space, currently with the first floor unit rented and 2 additional fully renovated units vacant. This offers the opportunity for an owner unit with 2 income producing rental units or a full 3 unit rental option. Whether renting seasonally or year-round, the combination of the valuable home makes sense. Upgrades include new kitchens and baths, hardwood flooring and recessed lighting in the upper units, new hardwood flooring What really sets this property apart is the lifestyle it delivers. Water views from nearly every level, multiple outdoor spaces including porches, decks, balconies, plus a rear patio for 3 season entertaining and spacious oversized light-filled rooms, coastal life-style feel that tenants and guests love. And the location? Just steps to one of the highly sought after stretches of beach and boardwalk on the South Jersey Coast. Lower Chelsea offers that perfect balance—close to everything Atlantic City has to offer, but tucked away in a more residential, upscale pocket. Whether you're looking to expand your portfolio, house hack, or own a high-performing shore investment, this one checks all the boxes.

Location

State NJ

County Atlantic

Community Lower Chelsea

Area Atlantic City

Location Details Beach Block

Rooms

Other Rooms Den/TV Room, Dining Room, Kitchen

Basement Slab

Interior

Heating Forced Air, Gas-Natural

Exterior

Exterior Feature Stucco, Vinyl

Parking Features Two Car, Attached Garage, Heated Garage

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Schools and Properties Nearby

Christian Lucia

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123 S Berkley Square